You like me are asked this question often. "What Do You Think Interest Rates Are Going To Do?" Now here is a customer focused report for Mortgage Market Direction:
Week of: Monday, October 01, 2007
Presently Market Conditions Are:
Last week's release of economic data fell largely in line with expectations and left investors looking for clues in speeches by Federal Reserve officials on whether future interest rate cuts lie ahead. Better-than-expected readings on consumer spending along with a tame inflation reading, which is favored by the Federal Reserve, have subdued expectations that the central bank would continue to cut interest rates at its next policy meeting at the end of this month.
My Expectations Are:
This week's economic reports could help investors figure out where the economy is headed and if interest rates will continue to fall. St. Louis Federal Reserve Bank President William Poole said last week he would keep an open mind on policy decisions going forward but that markets should not factor in more interest rate cuts.
As Your Trusted Advisor For Life, My Guidance For You Is:
Excellent mortgage programs and solutions are available in today's market. Compare available mortgage programs to find the best fit for your financial needs. Tap into the resources of a skilled mortgage professional to insure you are making sound financial decisions.
Your Trusted Advisor For Life
Jeffrey Stanton
Monday, October 01, 2007
What Are Interest Rates Going To Do? 10/01/07
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